Royalty- und Streamingfirmen für Rohstoffe und Energie

    RE Royalties Announces 156% increase in Quarterly Revenue - Third Quarter 2022 Financial Results

    https://www.accesswire.com/729…er-2022-Financial-Results
    VANCOUVER, BC / ACCESSWIRE / November 30, 2022 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, reports its financial results for the three and nine months ended September 30, 2022 ("Q3 2022"). For further information on these results please see the Company's Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis for Q3 2022, filed on SEDAR at http://www.sedar.com.
    Key business and financial highlights of Q3 2022 include:

    • Provided a secured acquisition loan of $1.3 million to Switch Power Corporation ("Switch") to acquire an operational 428 kWDC solar project located in Vaughan, Ontario. RE Royalties will also receive a gross revenue royalty of 1% on the project for the remainder of the contract term, or approximately 12.5 years and if the loan term is extended beyond the initial 6-month term, the royalty will increase to 2%.
    • Provided a $1.86 million secured loan facility to ReVolve Renewable Power Corp ("ReVolve"), of which a partial advance was made subsequent to the quarter-end, to support the purchase of battery and inverter equipment for three energy storage projects, totalling 3.2 MWh of capacity, in Punta Cancun, Mexico. RE Royalties will also receive a gross revenue royalty of 5% on all revenues received on the three projects for 10 years.
    • Quarterly revenue and income, including the share of income from the Company's investment in OCEP for the three months ended September 30, 2022, of $1,303,000, an increase of $794,000 or 156% over the similar period in the prior year.
    • Quarterly gross profit, including changes in fair value of financial assets and share of income in OCEP, of $1,237,000, an increase of $791,000 or 177% over the similar period in the prior year.
    • Year to date revenue and income, including the share of income from the Company's investment in OCEP for the nine months ended September 30, 2022, of $3,146,000, an increase of $1,781,000 or 130% over the similar period in the prior year.
    • Year to date gross profit, including changes in fair value of financial assets and share of income in OCEP, of $2,910,000, an increase of $1,765,000 or 154% over the similar period in the prior year.
    • Quarterly net income after income tax of $470,000 and total comprehensive income of $816,000. Year to date net income after income tax of $146,000 and total comprehensive income of $578,000.
    • Cash and cash equivalents of $8,345,000, including restricted cash.

    Subsequent to the end of Q3 2022:

    • In October 2022, the Company provided Delta Energy Partners ("Delta") with a USD$3.9 million secured loan and royalty facility. Delta is a provider of Energy-as-a-Service ("EaaS") solutions to customers in Puerto Rico and the loan will finance the procurement and installation of energy efficiency and building energy equipment.
    • In November 2022, the Company's green bondholders approved by way of extraordinary resolution, to modify the debt to equity ratio per the bond indenture from 1:1 to 3:1. This will allow the Company to increase its use of debt to fund new assets.


    RE ROYALTIES ANNOUNCES MARKETED PUBLIC OFFERING OF UP TO $20 MILLION OF SERIES 3 SECURED GREEN BONDS


    https://www.newswire.ca/news-r…reen-bonds-833643096.html


    The Green Bonds will have a term of five years and bear interest at a rate of 9% per annum, payable quarterly, and will be senior obligations of the Company secured against the Company's portfolio of royalty and loan investments.

    CASH DIVIDEND FOR THE FOURTH QUARTER OF 2022 - $0.70 PER COMMON SHARE

    https://www.newswire.ca/news-r…mmon-share-858063389.html
    TORONTO, Dec. 15, 2022 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.70 per Common Share. The dividend is payable to holders of record at the close of business on December 30, 2022 and is to be paid on January 26, 2023.
    About Labrador Iron Ore Royalty Corporation
    The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.


    [Blockierte Grafik: https://mma.prnewswire.com/med…DECLARES_QUARTE.jpg?w=200]


    SOURCE ROCK ROYALTIES DECLARES QUARTERLY DIVIDEND

    https://www.newswire.ca/news-r…y-dividend-812245946.html



    CALGARY, AB, Dec. 15, 2022 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR) (TSXV: SRR.WT), a pure play oil and gas royalty company with an established portfolio of light oil focused royalties in Saskatchewan and Alberta, announces that its board of directors has declared a quarterly dividend of $0.015 per common share, payable in cash on January 13, 2023 to shareholders of record on December 30, 2022.
    This dividend is designated as an "eligible dividend" for Canadian income tax purposes.
    About Source Rock Royalties Ltd.
    Source Rock is a pure-play oil and gas royalty company with an existing, light oil focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta and west-central Saskatchewan. Source Rock targets a balanced growth and yield business model, using funds from operations to pursue accretive royalty acquisitions and to pay dividends. By leveraging its niche industry relationships, Source Rock identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. Source Rock's strategy is premised on maintaining a low-cost corporate structure and achieving a sustainable and scalable business, measured by growing funds from operations per share and maintaining a strong netback on its royalty production.



    Altius Provides 2022 Year-End Project Generation Update


    https://www.businesswire.com/news/home/20230105006056/en/


    ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) (“Altius”) is pleased to provide an update on its Project Generation (“PG”) business activities and its public junior equities portfolio. The market value of the junior equities portfolio at December 31, 2022 was $50.3 million, compared to $43.5 million at September 30, 2022 and $55.5 million at December 31, 2021. During the year, new cash-based investments amounted to $5.4 million and the market value (year-end basis) of shares received as part of property sales agreements totaled $5.6 million. Sales of public equities from the portfolio totaled $3.4 million while income of $4.3 million was recorded in relation to Altius’ exit from a private Chile based project generation investment vehicle. An updated list of the public equity holdings has been posted to the Altius website at http://altiusminerals.com/projects/junior-equities.


    New investments completed during the year included equity purchases of Gungnir Resources Inc. (TSX-V: GUG), Marimaca Copper Corp. (TSX: MARI), Callinex Mines Inc. (TSX-V: CNX), Lara Exploration Ltd. (TSX-V: LRA), and Archer Exploration Corp. (CSE: RCHR). Altius also increased its equity exposure to several existing investments including Orogen Royalties Inc. (TSX-V: OGN) (“Orogen”), Adventus Mining Corp. (TSX-V: ADZN) (“Adventus”), AbraSilver Resource Corp. (TSX-V: ABRA) (“AbraSilver”) and Wolfden Resources Corp. (TSX-V: WLF) (“Wolfden”).

    RE Royalties Declares 2022 Fourth Quarter Shareholders Dividend Payment


    https://www.accesswire.com/734…eholders-Dividend-Payment


    VANCOUVER, BC / ACCESSWIRE / January 11, 2023 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company") is pleased to announce that the Board of Directors of the Company has declared a cash distribution of $0.01 per issued and outstanding common share for the quarter ending December 31, 2022.


    The distribution is payable on February 22, 2023, to shareholders of record on February 1, 2023. The distribution is designated by the Company to be a dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. The cumulative amount of dividends declared for the 2022 fiscal year has been $0.04 per common share.

    LABRADOR IRON ORE ROYALTY CORPORATION (TSX:LIF) - RIO TINTO RELEASES IOC PRODUCTION AND SALES INFORMATION

    https://www.newswire.ca/news-r…nformation-887450601.html
    TORONTO, Jan. 16, 2023 /CNW/ - On January 16, 2023, Rio Tinto released its quarterly operational report for the fourth quarter ending December 31, 2022, which included Iron Ore Company of Canada (IOC) production and sales information. Specifically, Rio Tinto announced that in the fourth quarter of 2022, IOC had total saleable iron ore production of 4.31 million tonnes, comprised of 2.29 million tonnes of pellets and 2.02 million tonnes of concentrate for sale (CFS). Rio Tinto also announced that IOC had total iron ore sales in the fourth quarter of 2022 of 3.76 million tonnes, comprised of 1.76 million tonnes of pellets and 2.00 million tonnes of CFS. Comparisons to prior quarters and Rio Tinto's commentary on the changes can be found in Rio Tinto's quarterly operational report which is posted on its website. Please note that the IOC sales tonnages are calculated slightly differently for Labrador Iron Ore Royalty Corporation's (LIORC) royalty. Rio Tinto also released IOC's 2023 production guidance (pellets and CFS) of 17.9 to 19.6 million tonnes.
    LIORC will be releasing its full 2022 Annual Report after the market close on March 7, 2023.


    Altius Reports Q4 and Full Year 2022 Expected Attributable Royalty Revenue(1)https://www.businesswire.com/news/home/20230125005475/en/


    ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) (“Altius” or the “Corporation”) expects to report 2022 annual attributable royalty revenue† of $103.3 million, which is 23% higher than the $83.9 million reported for 2021. Fourth quarter expected attributable royalty revenue of $23.0 million compares to $23.4 million reported for the fourth quarter of 2021. The 2022 attributable revenue amount establishes a new annual record for the Corporation.

    Ecora Resources PLC Announces Q4 Trading Update
    https://www.accesswire.com/737…nounces-Q4-Trading-Update
    Highlights:

    • Record FY22 portfolio contribution of $143.1 million up 67% on FY21 ($85.6 million) as the portfolio benefited from stronger commodity prices for the majority of the year.
    • Q4 portfolio contribution of $17.8 million, a 48% reduction compared to Q3 22 ($34.1 million), driven by lower saleable production from the Kestrel mine due to reduced mining rates and operational constraints that limited throughput volumes at the handling and preparation plant.
    • Construction commenced on the West Musgrave copper nickel project with production forecast by OZ Minerals to start in H2 25.
    • BHP reached an agreement to acquire 100% of the shares in OZ Minerals (subject to various conditions) in a transaction that will see BHP become operator of the West Musgrave development.
    • Capstone Copper published the Mantoverde-Santo Domingo District Integration Plan, detailing the path towards a world class mining district in the Atacama region of Chile.
    • Net debt at 31 December was $35 million with the balance sheet flexibility to pursue further growth.

    Portfolio Outlook

    • Copper, coking coal, nickel, vanadium and uranium prices have started the year strongly, whilst cobalt prices have softened YTD.
    • Kestrel saleable volumes produced within the Group's private royalty area in 2023 are forecast to be approximately half those achieved in 2022, with volumes primarily weighted towards Q1 and Q4.
    • Voisey's Bay stream expected to generate 13-15 deliveries of cobalt in 2023 (each delivery is 20 tonnes), compared to 19 received in 2022, due to the transition from the open pit to underground mining operations.
    • The Group is currently in discussions with the operator of its EVBC royalty following recent margin pressure, and it is likely in the short term that a portion of cash royalties, including H2 22, may be deferred until a later date.
    • Production volumes at the Group's other royalty assets for 2023 are expected to be broadly in line with 2022 levels.

    Electric Royalties Provides Development Update on Nine Royalties in Portfolio

    https://www.accesswire.com/737…ne-Royalties-in-Portfolio
    VANCOUVER, BC / ACCESSWIRE / February 1, 2023 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to provide an asset update on its current royalty portfolio.
    Brendan Yurik, CEO of Electric Royalties, commented: "It's a great start to 2023 with nine royalty asset updates setting the stage for an exciting year for Electric Royalties' shareholders. With the recent acquisition of a royalty on the Penouta tin-tantalum mine, our second cash-flowing royalty, we are eager for the Authier lithium project to enter production - planned for later this year - which has the potential to become our first lithium cash-flowing royalty. In addition, our lithium portfolio continues to advance with positive metallurgy results at Seymour Lake and approval for a bulk sample in the near future, construction of a full-time camp at Cancet and a new partner to take Bouvier forward in 2023. Lithium prices remain consistently strong with Australian producers raising their spodumene prices to US$6,300 per tonne in December 20221 which bodes very well for the value of our lithium royalty portfolio.
    "Beyond lithium, we've had several more good pieces of news across the rest of the portfolio, including:

    • A new partner committing to take forward the past producing Råna nickel mine through a JV structure that would see them commit C$15 million into the project. We're very keen to see exploration take place on the project.
    • The successful conclusion of the three-phase 2022 exploration program at the Millennium copper-cobalt project with the JV partner Metal Bank continuing its earn-in as the project moves forward in 2023.
    • Promising metallurgy results at the high-grade Graphite Bull project in Australia with results achieving 98.1% total graphitic content and a planned infill drill program to take place in the near term.
    • Exciting developments from Northern Graphite, the operator of our Bissett Creek graphite royalty property, as it entered into an agreement with the Québec Department of Innovation and Development to evaluate sites for a 200,000-tonne-per-year battery anode plant near the port of Baie-Comeau. A battery anode plant in this area would be well situated to receive feedstock from Bissett Creek. In the original 2012 feasibility study, Bissett Creek was only forecast to produce approximately 20,000 tonnes of concentrate per year with a preliminary economic assessment (PEA) expansion case in 2013 showcasing approximately 38,000 tonnes per year. However, recent plans disclosed by the company indicate it is exploring a 100,000-tonne-per-year production case by 20252 which would be in line with feedstock requirements from such a joint venture.
    • Ongoing work at the Battery Hill manganese project towards a pre-feasibility study (PFS) and drilling underway to upgrade Inferred resources from the PEA so that they can be included in the PFS. The PEA3 showcased a 47-year mine life with average annual revenues of US$177 million based on a base case US$2,900 per tonne price for battery-grade, high-purity manganese sulfate, of which Electric Royalties will have the right to 2% of those gross revenues. The PEA is preliminary in nature; it includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the preliminary economic assessment will be realized.

    "2023 has just begun, and we expect it to be an excellent year for Electric Royalties shareholders with many more milestones targeted by project operators, along with an active deal pipeline of opportunities to add to our growing portfolio of 21 clean energy metal royalties."
    Highlights since the Company's previous update on December 1, 2022:


    RE Royalties Acquires New Royalty on 27MW Solar Project in Pennsylvania
    https://www.accesswire.com/738…r-Project-in-Pennsylvania
    VANCOUVER, BC / ACCESSWIRE / February 6, 2023 / RE Royalties Ltd. (TSX.V:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, is pleased to announce that it has acquired a gross revenue royalty on the 27 MWDC (20 MWAC) Jackson Center Solar Project Phase 2 ("Jackson Center 2" or the "Project"), located in Mercer County, Pennsylvania, under development by Teichos Energy LLC ("Teichos"). Once operational, Jackson Center will generate an estimated 42,800 MWh per year of clean energy.
    The Company has entered into a secured loan agreement (the "Loan") with Teichos whereby the Company will provide a USD $1.8 million letter of credit ("LC") on behalf of Teichos to meet their security requirement with PJM Interconnection ("PJM").
    The Loan will have an initial 6-month term and bear an interest rate of 13% per annum, compounded annually, and payable at the end of the term. The Loan can be extended for two additional 6-month terms. The Company will have first-ranking security interest over the Project including a lien over Project assets, and a pledge of ownership in the Project.
    The Company will receive a 1% gross revenue royalty on the Project (the "Royalty") for a period of 15 years once the Project reaches commercial operation. If the Loan term is extended, the Royalty will increase to 1.5% (6-month extension) or 2% (12-month extension).

    Uranium Royalty Corp. Completes Acquisition of U.S. Uranium Royalty Portfolio from Anfield Energy Inc. and Expands Physical Uranium Holdings

    https://www.prnewswire.com/new…m-holdings-301741109.html
    VANCOUVER, BC, Feb. 7, 2023 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) ("URC" or the "Company") is pleased to announce the completion of its previously announced acquisition from Anfield Energy Inc. ("Anfield") of a portfolio of royalties on U.S. projects consisting of:

    • U.S. Conventional Mining Royalty Portfolio:

      • a 2% net smelter return royalty on portions of the San Rafael Project, located in Utah, USA and operated by Western Uranium & Vanadium Corp.;
      • a 2 – 4% sliding scale gross value royalty on portions of the Whirlwind Project, located in Colorado and Utah, USA and operated by Energy Fuels Inc. ("Energy Fuels"); and
      • a 1% gross value royalty (applicable to uranium and vanadium sales) on portions of the Energy Queen Project, located in Utah, USA and operated by Energy Fuels.


    • U.S. In-Situ Recovery (ISR) Royalty:

      • a 2 – 4% sliding scale royalty on portions of the Dewey Burdock Project located in South Dakota, USA and operated by enCore Energy Corp.


    Cash consideration of US$1.5 million was paid by the Company at closing.
    Physical Uranium Holdings
    The Company further announces that it has made additional uranium concentrate purchase commitments totaling 200,000 pounds U3O8 at an average cost of US$51.00 per pound. Deliveries will be made in February 2023 to URC's storage account with Cameco Corporation in Ontario, Canada. At the time of delivery, the purchase will be funded with cash on hand and available credit.


    Silver Range Resources Ltd. Announces Private Placement and Generative Alliance With Altius Minerals and Applies To Extend the Closing of the Private Placement Announced January 17, 2023

    https://www.accesswire.com/740…Announced-January-17-2023
    VANCOUVER, BC / ACCESSWIRE / February 21, 2023 / Silver Range Resources Ltd. (TSXV:SNG) ("Silver Range" or the "Company") is pleased to announce a $500,000 investment and an exploration alliance (the "Alliance") with Altius Minerals Corporation (TSX:ALS) ("Altius").
    Altius is subscribing for 3,333,333 shares of Silver Range at a price of $0.15 with no warrant for total consideration of $500,000 ("Altius Investment"). Silver Range has agreed to a generative alliance in the southwest US whereby Altius will acquire a 1% Net Smelter Return royalty interest on three Silver Range projects staked within a specified area of interest in the Southwest United States.
    "Silver Range is pleased to welcome Altius as a partner and strategic shareholder. As a highly successful project generator and royalty company, Altius' investment is validation of the prospect generator model and a vote of confidence in Silver Range. We look forward to working with Altius to generate new valuable mineral projects in the Southwest United States," stated Vice-President Richard Drechsler.



    $ALS has an equity interest in Lithium Royalty Corp. (10-15% total equity?) and a 10% Limited Partnership interest in the LP that owns the South American lithium assets (LRC LP I).
    Today it filed a news release. Note: there is a preliminary long-form prospectus available on the company's SEDAR profile as well:
    Toronto, February 21, 2023 Lithium Royalty Corp. Files Preliminary Prospectus for Initial Public Offering of Common Shares
    Lithium Royalty Corp. (“LRC”) today announced that it has filed a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for a proposed initial public offering of common shares. Net proceeds from the offering will be used for the acquisition of royalties, to repay shareholder notes, to pay contingent royalty obligations as and when they are triggered and for other general corporate purposes.The offering is being co-led by Canaccord Genuity Corp. and Citigroup Global Markets Canada Inc. together with TD Securities Inc., Cormark Securities Inc., National Bank Financial Inc., BMO Capital Markets, Scotiabank, Raymond James Ltd. and Red Cloud Securities Inc. as underwriters.
    The preliminary base PREP prospectus contains important information relating to LRC and the common shares and the offering and is still subject to completion or amendment. Copies of the preliminary base PREP prospectus are available from Canaccord Genuity Corp. at ecm@cgf.com. There will not be any sale or any acceptance of an offer to buy the common shares until a receipt for the (final) base PREP prospectus has been issued. No securities regulatory authority has either approved or disapproved the contents of this news release. The common shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws. Accordingly, the common shares may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities of LRC in any jurisdiction in which such offer, solicitation or sale would be unlawful.


    About LRC LRC is a lithium-focused royalty company with a globally diversified portfolio of 29 royalties on mineral properties around the world that supply and are expected to supply raw materials to support the electrification of transportation and decarbonization of the global economy. Our portfolio is focused on high-grade and low cost mineral projects that are primarily located in Australia, Canada, South America and the United States, and includes royalties covering two operating mines and four mines in construction as well as other development projects. LRC is a signatory to the United Nations Principles for Responsible Investment and the integration of ESG factors and sustainable mining are important considerations in our investment analysis and royalty acquisitions.
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    Q4/2022
    FCF: $85Mio (Q3: $77Mio)
    Produktion: 18,349 boe/d (Q3: 16,485 boe/d)


    TPZ berichteten Quartalszahlen mit einer Verbesserung des FCF um ca. 10% im Vergleich zum Vorquartal.


    Der Anteil flüssiger Rohstoffe wuchs im Vergleich zum Vorquartal von 18% auf 29% und verringerte damit die Abhängigkeit vom Erdgas. Die Kreditlinie wurde von $700Mio auf $1Mrd erweitert und bis Ende 2026 verlängert. Momentan besteht eine Verschuldung von $406Mio. Die Quartalsdividende bleibt bei $0,30; die Auszahlung liegt damit leicht unter dem vorgesehenen Band von 60%-90% des freien Cashflows. Man möchte dies zunächst so lassen um weiter Schulden abbauen zu können. Im abgelaufenen Quartal konnte man so $34Mio an Schulden verringern. Ca. 25% des Umsatzes entfiel auf des Midstream-Geschäft, das über feste Verträge mit 10-15 Jahren Laufzeit verfügt.


    Für das kommende Jahr werden eine gleichbleibende Produktion und Dividende in Aussicht gestellt sowie eine Reduktion der Schulden unter $300Mio erwartet. Dadurch wäre der Verschuldungsgrad Ende 2023 bei 0,9x des EBITDA.


    Nach meinem Dafürhalten ist TPZ eine junge, aber umsichtig geführte Öl- und Gas-Royalty. Die Dividendenrendite liegt mit 6% auf dem Niveau eines Produzenten, aber aufgrund der Royalty-Struktur gibt es weniger Kursschwankungen weshalb ich sie gerne als Kernposition halte.

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